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Daytrading: Scalping Soybeans for $1000 profit! YEE-HAW!
https://daytradetowin.com/the-trade-scalper
We have had a lot of traders asking if they can trade other futures contracts with the Trade Scalper.
Usually we trade and show the emini S&P500 futures contract, but today I just wanted to show you an example of something competely different.
This is the chart of the July ZS - Soybeans - one of the biggest exports from the US, and one of the most popular agricultural futures contracts.
So here are the latest tradescalper trades based on a 2 range chart of Soybeans, the way we teach it in the day trading mentorship class.
In the chart you can see 8 trades. We are looking for one point of profit on each trade,
Now, so far two of these did not reach their profit target. One of them only reached three quarters of a point, and the second one only reaching half a point.
So we can just consider these losses, as we did not reach the profit target of 1 point. But even even if we would have lost one point on these, we would have made 4 points in total so far.
I will just leave the chart running here for a while and see if we get another trade here soon.
Alright there's a short signal. The profit target is one point from the close of the candle. I'll just let this run for a while here. And there we reached the profit target of one point.
So a total of 5 points - we had 7 Wins, 2 losses. One point equals $50 per contract that you trade.
If you would have traded 1 contract you would have made $250 And trade only 4 contracts, a small account, that would have been $1000. So pretty good results trading the TradeScalper on Soybeans.
We'll have a new price action video out on Friday - until then, good trading! :-)
https://daytradetowin.com/the-trade-scalper Risk Disclosure: daytradetowin.com/risk https://daytradetowin.com/risk
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